Klaus Holse leaves Microsoft to join SimCorp

 In Industry News


Klaus Holse Andersen

Klaus Holse Andersen, who was named area Vice President of Western Europe and Microsoft Corporate Vice President in May 2009, has decided to leave Microsoft and assume a position as CEO at SimCorp. The change will become effective September 1st 2012.

SimCorp is  by far the largest independent software company (ISV) in Denmark with 1,100 employees. The company is listed on NASDAQ OMX Copenhagen.

SimCorp develops and globally markets the investment management system, SimCorp Dimension addressing clients  in international financial markets.In the software industry SimCorp and Microsoft are as far from each other in both their customer value propositions and their value chains as you can possibly imagine. Microsoft is a volume business addressing multiple markets through a channel of resellers and implementation partners. SimCorp is a vertical focused niche player addressing enterprise clients through it’s own global direct sales, implementation and support organization.

According to Berlingske Tidende (Danish newspaper), Klaus Holse was attracted by the opportunity of taking the position as the top executive driving the strategy and direction of the company.

Current Chief Executive Officer Peter L. Ravn has decided to retire and leave SimCorp after more than 25 years – 17 years as member of the Executive Management Board and the past 11 years as CEO.

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